15-year vs. 30-year calculator

Compare monthly payments and lifetime interest on two fixed loan terms.

Your estimate

Assumptions and limits

The same loan balance is used for both terms. Rates are illustrative inputs, not current offers. Taxes, insurance and closing costs are excluded.

Dollar amounts use USD. Values are rounded for display. Use figures from your lender and property records; these results are not a loan offer or financial advice.

How the calculation works
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